RE: now what?

Wed Jan 21, 2009

News Release: 09-01

Vancouver, British Columbia - Lumina Copper Corp. (the "Company") is pleased to announce that the board of directors have appointed Donald Shumka as a director of the Company at its meeting on January 20, 2009. At the same meeting, Leo Hathaway and Marshall Koval were appointed as Vice President, Exploration and Vice President, Project Development, respectively.

The board of directors, and the TSX Venture Exchange, also approved a Stock Option Plan (the "Plan") for the Company, subject to the approval of its shareholders at its upcoming annual general and special meeting on February 19, 2009. The Plan reserves a total of 3,426,305 shares for issuance. Subsequent to approving the Plan, on January 20, 2009 the Company granted options to David Strang, President and Chief Executive Officer (50,000), Marshall Koval, Vice President, Project Development (50,000), Leo Hathaway, Vice President, Exploration (50,000), Robert Pirooz, Director and Secretary (50,000), Sandra Lim, Chief Financial Officer (50,000), Ross Cory, Director (30,000), John Wright, Director (30,000), and Donald Shumka, Director (30,000), each with an exercise price of $0.47.

LUMINA COPPER CORP

If my calculations are right, this means the company has granted 3.007.500 stock options so far. So they can only grant another 418.805 stocks. The stock option plan is almost finished. Maybe it' s time to buy some more shares??